SoFi stock falls after announcing $1.5B public offering of common stock
CoreWeave, Inc. NASDAQ:CRWV Chief Strategy Officer Brian M Venturo, through West Clay Capital LLC, sold a total of 271,950 shares of Class A Common Stock on November 26, 2025, for approximately $20.9 million. The sales were executed in multiple transactions with prices ranging from $73.593 to $76.1362. The current stock price of $73.12 sits near the lower end of this range, with InvestingPro data showing the stock is trading slightly below its Fair Value despite an impressive 82.8% gain year-to-date.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were conducted under a Rule 10b5-1 trading plan adopted on May 21, 2025. InvestingPro analysis indicates the stock’s RSI suggests it may be in oversold territory, which could be significant given the company’s $36.44 billion market cap and recent price movements.
On the same day, Venturo also converted 281,250 shares of Class B Common Stock into Class A Common Stock. This transaction comes as CoreWeave has been quickly burning through cash, according to InvestingPro data, with the company receiving a "FAIR" overall financial health score. Discover comprehensive analysis and 16 more ProTips about CRWV in the Pro Research Report, available for subscribers.
In other recent news, CoreWeave reported $1.4 billion in revenue for the third quarter of fiscal year 2025, surpassing consensus estimates. The company’s adjusted operating margin stood at 15.9%, driven by robust GPU demand and favorable pricing for H100 GPUs from a major hyperscaler. In a strategic move, CoreWeave expanded its credit facility from $1.5 billion to $2.5 billion, extending the maturity date to November 2029. This expansion was supported by leading financial institutions, including JPMorgan Chase, Goldman Sachs, and Morgan Stanley.
Compass Point initiated coverage of CoreWeave with a Buy rating and a $150 price target, highlighting the company’s established relationships with major tech firms like Microsoft. Conversely, JPMorgan downgraded CoreWeave from Overweight to Neutral, reducing the price target to $110 due to supply chain delays impacting revenue timing. Stifel maintained a Hold rating with a $120 price target, following the company’s mixed third-quarter results. Additionally, CoreWeave launched a Zero Egress Migration program, allowing customers to transfer large datasets to its platform without incurring egress fees.
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